New Jersey’s surtax on corporate business taxpayers nears its second year. The surtax rate has been 2.5% for tax years starting on or after Jan. 1, 2018, through Dec. 31, 2019. The rate becomes...

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One of the lesser known ways of lowering your New Jersey tax liability is through the Veteran’s Exemption. This will lower your New Jersey tax, but it is specific in requirements and demands a...

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New net operating loss rules are discussed in a Technical Bulletin from the New Jersey Div. of Taxation. The rules are applicable for tax years ending on or after July 31, 2019. The bulletin...

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The New Jersey Div. of Taxation discusses the unitary business test. A newly issued technical bulletin addresses how the state will apply the test for tax years that end on or after July 31,...

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Do you want to know your New Jersey tax filing deadlines for the coming year? The NJ Dept. of Treasury has issued a tax calendar that covers most filing deadlines from Jan. 1 to...

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New Jersey corporations are being given an automatic extension for certain state business tax filings. The NJ Div. of Taxation says that taxpayers filing a CBT-100, CBT-100U, BFC-1 or CBT-100S, with an original due...

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New Jersey bumps up its “angel investment” tax credit. The state is increasing the amount of the “corporation business and gross income” tax credits available for qualified investments under the NJ Angel Investor Tax...

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The New Jersey State Treasurer has announced that the 26.9¢ per gallon petroleum products gross receipts tax rate will remain stable for the coming year. When combined with the motor fuels tax, the total...

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New Jersey is waiving its late filing penalty for certain corporations. The NJ Division of Taxation will automatically waive the penalty for corporate taxpayers with a “properly extended” federal return due date of Oct....

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The New Jersey State Treasurer has announced that the NJ gas tax rate will remain stable for the coming year. The 26.9¢ per gallon petroleum products gross receipts tax rate will remain unchanged. When...

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